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Another echo from the dot-com bubble burst
I heard somewhere that his original name was Al Rob Yu.— October 2, 2015 1:55 p.m.
La Jolla Banker bought ticket to perdition
Great idea - give easy money to corporations so they will invest in their future and give their employees raises which will benefit everyone. Or maybe they just find a way to monetize that easy money for quick short term profit. About the 500 thousandth time the trickle-down theory failed.— September 29, 2015 5:47 p.m.
La Jolla Banker bought ticket to perdition
It's always a painful process when an addict withdraws usage of a drug - whether it's a heroin addict or the market manipulators addicted to easy credit. Like the drug addict always looking for a better high with a new drug there is news of a new financial drug - negative interest rates. Apparently some central banks (e.g. Sweden) are now experimenting with this abomination.— September 29, 2015 7:14 a.m.
La Jolla Banker bought ticket to perdition
Perhaps the term "patient capital" is still accurate if one uses the medical meaning of "patient", i.e. capital is a very sick patient right now.— September 29, 2015 7:11 a.m.
La Jolla Banker bought ticket to perdition
Risk assessment for bankers - "Heads I win, tails the taxpayers lose"— September 28, 2015 12:50 p.m.
La Jolla Banker bought ticket to perdition
I strongly agree that the government should get out of the lending business. In the short run government lending programs may help some people but in the long run they merely cause price inflation, unstable market bubbles, and increased debt levels. Government-back loan programs were a major cause of the housing collapse and recession in the late 2000's. Many government-backed student loan programs were intended to help students afford to go to college. In the long run - the opposite has happened and college is becoming more difficult to attend. College tuition is skyrocketing and student debt levels are skyrocketing. This is in large part due to availability of easy loans.— September 28, 2015 12:43 p.m.
Qualcomm layoffs begin
King - from what you know were most of the individual layoff decisions left up to lower level management? Did the layoff decisions boil down to one's performance review or was it more complicated than that?— September 22, 2015 4:06 a.m.
Qualcomm layoffs begin
My guess is that QCOM will not report the H1B numbers unless they are required to by law.— September 21, 2015 6:57 p.m.
Qualcomm layoffs begin
jnojr's point may have been that layed off QCOM employees are in high demand and will have no problem finding comparable jobs elsewhere. Or it may have been that QCOM employees have all been overpaid. Or maybe it was something else. I don't really know for sure what the point was.— September 20, 2015 7:49 p.m.
Qualcomm layoffs begin
jnojr's post."But I can never find another job that pays that much!"— September 20, 2015 8:58 a.m.